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National market update

Existing-Home Sales Down in January but Higher than a Year Ago; Prices Steady

Washington, February 26, 2010 Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors®. More...
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Fourth Quarter Existing-Home Sales Surge in Most States

WASHINGTON , February 11, 2010 - Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the National Association of Realtors®. More...
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National housing indicators

Existing home sales ()

5.05 million unit*

Existing home median price ()

$164,700

Housing Starts ()

591,000 units*

New home sales ()

National economic indicators

Home ownership

4th Qtr 09

67.2%

4th Qtr 08

67.5%

The homeownership rate in the fourth quarter 2009 (67.2 percent) was not statistically different from the fourth quarter 2008 rate (67.5 percent). In the South, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding fourth quarter 2008 rates.

New home sales

Jan 10

-11.2%

Dec 09

-3.9%

Sales of new one-family houses in January 2010 were at a seasonally adjusted annual rate of 309,000. This is 11.2% below the revised December 2009 estimate of 329,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Local Sales & Price Activity

Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. Read more

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. Read more

Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

Consumer tips & hot properties

Tax Tips for Homeowners Preparing 2009 Returns

Follow these tax tips for homeowners to ensure that you receive all of the tax deductions and tax credits to which you’re entitled. More...Read more

Water-Saving Landscaping Techniques

Pick the right plants for your local growing conditions, and you’ll save water, cut down on maintenance, and still have a beautiful yard. More...Read more

Tips to Get More Money for your Home

With prices down and sales up, what can you do to increase your home sale? Realtors know the little tips that make big differences. Small renovations like new front door, staging or moving furniture and decluttering, and even thinking green are just a few of the 10 tips offered here. More...

Golden Age of Retirement Means Warmer Climate Locations

Robert Powell, MarketWatch, reports the top 10 towns retirees relocate in their Golden Years. He says "68 or the 100 top positions were occupied by warm-climate towns". More...Read more

Increase Your Kitchen Storage Space

Tired of the limited amount of space in your kitchen? Wall space in most kitchens is normally neglected. When used wisely, taking advantage of storage solutions on the walls can increase your kitchen storage space. More...
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Green Bathroom Remodeling

If you want to make sure your bathroom remodeling project is as green as possible, here’s how to save energy, conserve resources, and protect your budget. More...Read more

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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